Riddance Mutual Benefits Limited - Company Profile

It is a financial services public limited company based in Ludhiana, Punjab, India, established in 2012.

2012 Ludhiana, Punjab, India Struck Off

Last Updated: July 22, 2025

About Riddance Mutual Benefits Limited

Riddance Mutual Benefits Limited, a struck off public limited company, was established on 03 December 2012 in Ludhiana, Punjab, India. Engaging in other financial intermediation within the financial services sector, it holds CIN: U65991PB2012PLC036892. Registered under ROC Roc Chandigarh. it is unlisted. It has an authorized capital of ₹1.00 Cr and a paid-up capital of ₹1.00 M.

It upholds a active non-compliant status. Its leadership includes Sujit Mitra (Director), Pralay Kumar Saw (Director), Sanjoy Kumar Maiti (Director). It is based at 16 First Floor, Plot No 370 Industrial Area A, Ludhiana, Punjab, 141003.

Company Details

CIN/LLPIN
U65991PB2012PLC036892
Registration Number
036892
Incorporation Date
03 December 2012
Authorized Capital
₹1.00 Cr
Paid-Up Capital
₹1.00 M
ROC Code
Roc Chandigarh
Listing Status
Unlisted
Company Status
Struck Off

Key Metrics

Authorised Capital ₹ 1.00 Cr as on 22-07-2025
Paid Up Capital ₹ 1.00 M as on 22-07-2025
Company Age 13 Year, 3 Months

Comprehensive Company Insights

Explore comprehensive insights into Riddance Mutual Benefits Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Riddance Mutual Benefits Limited?

Current Directors

Name	Designation	Appointment Date	Status
Sujit Mitra	Director	03 Dec 2012	Current
Pralay Kumar Saw	Director	03 Dec 2012	Current
Sanjoy Kumar Maiti	Director	03 Dec 2012	Current

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Financial Performance of Riddance Mutual Benefits.

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Date	Amount	Transaction Name	Valuation	Lead Investors	Investors
Jul, 2021	Amount	Post-IPO - Grab	Valuation	investors	Emtek
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners
Jan, 2021	Amount	Post-IPO - Grab	Valuation	investors	Hana Financial Group , GGV Capital
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners

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Key Matrics
Balance Sheet
Profit and Loss
Cash Flow
Ratios

Metrics

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Total Revenue

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EBITDA

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What is the Ownership and Shareholding Structure of Riddance Mutual Benefits?

Unlock access to Riddance Mutual Benefits's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

Shareholding Pattern (FY 2024)

Promoters: 92.83%
Public: 4.10%
Others: 3.07%

Shareholding Pattern over the Year

	FY (2024)	FY (2023)	FY (2022)	FY (2021)	FY (2020)
Promoters	92.83	94.62	94.55	94.55	94.55
Public	4.10	3.89	3.95	3.96	3.98
Others	3.07	1.49	1.50	1.49	1.47

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How Many Employees Work at Riddance Mutual Benefits?

Unlock and access historical data on people associated with Riddance Mutual Benefits, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee Date	Number of Employees
2020	78,000
2021	80,500
2022	83,200
2023	86,000
2024	89,500
2025	92,000

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Deals i

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Rating

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Alerts

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Latest Updates, News, and FAQs on Riddance Mutual Benefits

Recent Activity within the Organization

Director Appointment

Sujit Mitra was appointed as a Director was appointed as a Director on 03 Dec 2012 & has been associated with this company since 13 years 3 months . was recorded as a recent event.
03 Dec 2012
Director Appointment

Progress on Pralay Kumar Saw was appointed as a Director was appointed as a Director on 03 Dec 2012 & has been associated with this company since 13 years 3 months . was documented.
03 Dec 2012
Director Appointment

Progress on Sanjoy Kumar Maiti was appointed as a Director was appointed as a Director on 03 Dec 2012 & has been associated with this company since 13 years 3 months . was documented.
03 Dec 2012
Company Incorporation

Progress on Riddance Mutual Benefits Limited was registered on 03 Dec 2012 with Roc Chandigarh & aged 13 years 3 months as per MCA records. was documented.
03 Dec 2012

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Frequently Asked Questions

What is the CIN of Riddance Mutual Benefits Limited?

The CIN of Riddance Mutual Benefits Limited is U65991PB2012PLC036892.

Where is Riddance Mutual Benefits Limited headquartered?

Riddance Mutual Benefits Limited is headquartered at 16 First Floor, Plot No 370 Industrial Area A, Ludhiana, Punjab, 141003.

When was Riddance Mutual Benefits Limited incorporated?

Riddance Mutual Benefits Limited was incorporated on 03 December 2012.

Who are the current directors of Riddance Mutual Benefits Limited?

The current directors of Riddance Mutual Benefits Limited are

What is the primary industry of Riddance Mutual Benefits Limited?

The primary industry of Riddance Mutual Benefits Limited is Financial Services.

Is Riddance Mutual Benefits Limited a listed company?

Riddance Mutual Benefits Limited is unlisted.

What is the capital structure of Riddance Mutual Benefits Limited?

The authorized capital of Riddance Mutual Benefits Limited is ₹1.00 Cr, and the paid-up capital is ₹1.00 M.

What is the compliance status of Riddance Mutual Benefits Limited?

The compliance status of Riddance Mutual Benefits Limited is Active Non-Compliant.

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